Cable One (NYSE:CABO) Issues Earnings Results

Cable One (NYSE:CABO) announced its quarterly earnings results on Thursday. The company reported ($1.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.60 by ($8.95), FiscalAI reports. The business had revenue of $363.74 million for the quarter, compared to analyst estimates of $368.59 million. Cable One had a positive return on equity of 7.26% and a negative net margin of 23.74%.

Here are the key takeaways from Cable One’s conference call:

• Residential data customers declined by approximately 10,700 in Q4; net subscriber trends improved sequentially but remained negative, and Q4 revenue fell 6.1% YoY with adjusted EBITDA down 8.1%.
• Company completed its billing/platform transformation and simplified pricing, with >33% of residential customers using the eero in-home offering (sell‑in >80% in Q4), and a mobile pilot launched in six markets with a broader rollout planned in late Q1.
• Cable One generated $516.5M of adjusted EBITDA less CapEx in 2025, paid down $403.4M of debt during the year, finished with $152.8M cash and an undrawn $1.25B revolver, and says it can fund the MBI close without external financing.
• The MBI put option was exercised with an expected Oct. 1 close; estimated purchase price is about $480M and MBI net indebtedness is forecast at $845–895M, producing a pro forma leverage just above 4x while integration planning and expected cost/tax efficiencies proceed.

Cable One Stock Up 6.1%

CABO stock opened at $96.47 on Friday. Cable One has a 12 month low of $70.37 and a 12 month high of $290.48. The firm has a market cap of $544.11 million, a PE ratio of -1.51 and a beta of 0.74. The firm has a 50 day simple moving average of $99.38 and a 200 day simple moving average of $130.79. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.38 and a quick ratio of 0.38.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CABO. Quarry LP boosted its stake in shares of Cable One by 1,011.1% during the 3rd quarter. Quarry LP now owns 200 shares of the company’s stock worth $35,000 after acquiring an additional 182 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Cable One by 2,288.9% during the third quarter. Parallel Advisors LLC now owns 215 shares of the company’s stock valued at $38,000 after purchasing an additional 206 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Cable One in the 3rd quarter valued at $39,000. US Bancorp DE increased its stake in Cable One by 128.1% in the 3rd quarter. US Bancorp DE now owns 308 shares of the company’s stock worth $55,000 after purchasing an additional 173 shares in the last quarter. Finally, State of Wyoming purchased a new position in Cable One in the 2nd quarter worth about $50,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

CABO has been the subject of several research analyst reports. Zacks Research raised shares of Cable One from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Wells Fargo & Company dropped their price target on shares of Cable One from $107.00 to $90.00 and set an “underweight” rating on the stock in a research report on Friday. TD Cowen decreased their price objective on shares of Cable One from $260.00 to $142.00 and set a “hold” rating for the company in a report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cable One in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. dropped their target price on Cable One from $175.00 to $145.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. Five equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $114.25.

Key Cable One News

Here are the key news stories impacting Cable One this week:

• Positive Sentiment: Cable One is pursuing growth initiatives — a targeted Q1 2026 mobile launch, a proposed ~$480M MBI acquisition, and continued multi‑gig network upgrades that could drive revenue and ARPU upside if execution goes as planned. Read More.
• Positive Sentiment: TD Cowen reduced its price target from $260 to $142 but kept a “hold” rating — the new target still implies significant upside from current levels, which may be interpreted as support for the stock’s medium‑term recovery potential. Read More.
• Neutral Sentiment: The company granted inducement equity awards to its newly hired CEO (James A. Holanda) — this formalizes leadership transition but creates potential dilution and will be watched for alignment of incentives and retention. Read More.
• Neutral Sentiment: Full earnings call transcripts and analyst write‑ups are available — useful for investors parsing management commentary on subscriber trends, guidance and integration plans for the MBI deal. Read More.
• Negative Sentiment: Q4 CY2025 results were materially weaker than expected: EPS of ($1.35) vs. consensus $7.60 and revenue of $363.74M below estimates — this drove a negative net margin and is the primary near‑term headwind to the stock. Read More.
• Negative Sentiment: Wells Fargo cut its price target from $107 to $90 and moved to an “underweight” rating, signaling downside risk vs. current levels and adding selling pressure from institutional accounts. Read More., Read More.

About Cable One

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.